20-20 Technologies Appoints Mark Goldstein as Chief Executive Officer

LAVAL, QC, Feb. 11, 2013 /PRNewswire/ - 20-20 Technologies Inc., the world leader in 3D interior design and furniture manufacturing
software, announced today the appointment of Mark Goldstein, a 30-year
veteran of the enterprise software industry, as Chief Executive
Officer. Mr. Goldstein succeeds Tom Tiernan, who was appointed interim
CEO in November 2012.

Mr. Goldstein was CEO of Abaqus, a provider of computer aided
engineering software, until its acquisition by Dassault Systèmes
(ENXTPA:DSY). Following the acquisition, Mr. Goldstein continued as
CEO of Dassault Systèmes SIMULA (fka Abaqus). He also served as
Executive Vice President and a member of the Global Executive
Management committee of Dassault Systèmes, responsible for various
strategic growth and business development initiatives. During his
seven year leadership of Abaqus and SIMULIA, Mr. Goldstein transformed
the business into a mainstream simulation software provider and tripled
revenue over that period. Prior to joining Abaqus, Mr. Goldstein was
with Structural Research Dynamics Corporation (nka Siemens PLM) for 23
years, rising to Vice President of the Products Group, with
responsibility for 800 professionals.

Mr. Goldstein commented, "I'm delighted to join the company that has
been so instrumental in transforming the entire interior design and
furniture industry, and frankly thrilled with the opportunity to guide
its next steps. 20-20's solutions are solidly embedded in the
operations of our customers, addressing the entire supply chain of the
industry. We have a formidable base from which we will deliver
progressive innovation and greater connectivity across consumers,
retailers, and manufacturers."

Aalok Jain, a Principal at Vector Capital and member of 20-20's board of
directors said, "Mark is a proven enterprise software executive with a
strong track record of both strategic and operational leadership to
build sustainable value. We are confident that his customer-focused
approach and deep product experience will allow 20-20 to deliver
innovative, vertically integrated solutions to the industry. We are
excited to welcome Mark as CEO of 20-20."

CIO, CTO & Developer Resources

Mr. Goldstein holds a bachelor's degree in engineering mechanics and a
master's degree in mechanical engineering from the University of
Cincinnati. He is also a graduate of the AEA/Stanford Executive
Institute.

To learn more about Mark Goldstein visit the company's executive team bios section of our website.

About 20-20 Technologies Inc.

20-20 Technologies is the world's leading provider of computer-aided
design, business and manufacturing software tailored for the interior
design and furniture industries. It provides a bridge for data
communication from the point-of sale to manufacturing, including
computer-aided engineering and plant floor automation software. 20-20's
software platform can be employed across all environments including
desktop, mobile and web. 20-20 operates in eleven countries with more
than 400 employees and an extensive network of partners worldwide. For
more information, visit www.2020technologies.com.

About Vector Capital

Vector Capital is a leading global investment firm specializing in the
technology sector. Founded in 1997, Vector Capital has a highly focused
investment strategy that emphasizes companies with a high degree of
intellectual property that are in a state of transformation. Vector
Capital manages over $2 billion in equity capital from a variety of
investors, including university endowments, foundations, financial
institutions, and family offices. Since inception, Vector Capital has
made more than 35 investments in public and private companies with an
aggregate value of more than $2.5 billion, across sectors including
software, digital media, Internet services and industrial technology.
For more information, visit www.vectorcapital.com.

Cloud computing budgets worldwide are reaching into the hundreds of billions of dollars, and no organization can survive long without some sort of cloud migration strategy. Each month brings new announcements, use cases, and success stories.